Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Building Materials sector. The brokerage house expects Pidilite Industries to report net profit at Rs 285 crore up 57.2% year-on-year (down 36.2% quarter-on-quarter).
Net Sales are expected to increase by 31.5 percent Y-o-Y (down 11.6 percent Q-o-Q) to Rs 2,032 crore, according to Sharekhan.
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